CHICAGO–(BUSINESS WIRE)–#AGA—Fubo Gaming, a subsidiary of leading sports-first live TV streaming platform FuboTV Inc. (NYSE: FUBO), today announced its participation and support for the American Gaming Association (AGA) Responsible Gaming Education Month (RGEM) in September. The goal of the initiative is to educate consumers on responsible sports betting, increase awareness of problem gambling, promote gaming literacy and elevate employee training.
Fubo Gaming will demonstrate its steadfast commitment to the initiative by incorporating responsible gaming messaging inspired by AGA’s Have A Game Plan.® Bet Responsibly.™ service campaign across its social media channels and external-facing marketing assets. The company will also run an internal initiative to empower employees with the knowledge and tools to ensure that responsible gaming is top of mind for patrons.
Fubo officially launched its integrated sportsbook in Iowa and Arizona, which merges live sports and wagering into a single ecosystem, late last year and is currently exploring strategic opportunities for the business.
“Fubo Gaming is proud to join the AGA in celebrating Responsible Gaming Education Month to amplify the importance of responsible gaming,” said Scott Butera, president, Fubo Gaming. “We firmly believe social responsibility contributes to the best player experience. As professionals in the emerging sports wagering industry, it’s our responsibility to take a proactive approach toward responsible gaming initiatives, not only in September but throughout the year, to ensure long-term sustainability.”
Additionally, as part of an ongoing concerted effort to boost responsible gaming education year-long, Fubo continues to engage employees with periodic refresher training and user education programs, as well as provide tools, including self-exclusions and limits, to ensure players can enjoy a safe and fun platform experience.
Established in 1998 by the AGA as Responsible Gaming Education Week, Responsible Gaming Education Month (RGEM) is the U.S. gaming industry’s annual celebration of responsible gaming. The event provides companies and individuals associated with the industry with opportunities to elevate their everyday commitment to responsible gaming by promoting gaming literacy and consumer education, strengthening employee training, and working with partners to advance our understanding of the issue.
Fubo Sportsbook is officially live in AZ and IA. Must be 21 or older to gamble. Terms, conditions and restrictions apply. Gambling Problem? Text NEXTSTEP to 53342 or Call 1-800-Next-Step (AZ). Call 1-800-BETSOFF or visit 1800BETSOFF.org (IA). Wagering not permitted on athletes on the roster of any Iowa College Teams or their opponents (IA). Collegiate in-play wagers and prop bets on individuals prohibited (AZ).
ABOUT FUBO GAMING
Launched in 2021, Fubo Gaming Inc. is a Chicago-based subsidiary of live TV streaming platform FuboTV Inc. (NYSE: FUBO), and developer and distributor of Fubo Sportsbook. Fubo Sportsbook is purpose-built to integrate with FuboTV, creating a personalized omniscreen experience that turns passive viewers into active and engaged participants. Fubo Sportsbook launched in November 2021 and is officially live in Arizona and Iowa. Fubo Gaming has also entered into market access agreements in Indiana, Louisiana, Mississippi, Missouri and New Jersey via Caesars Entertainment, Inc., Ohio via the NBA Cleveland Cavaliers, Pennsylvania via The Cordish Companies and Texas via The Houston Dynamo Football Club. The launch timeline of Fubo Sportsbook in each state is subject to various factors, including obtaining requisite regulatory approvals and, in certain jurisdictions, enactment of legislation. For more information, visit fubosportsbook.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements of FuboTV Inc. (“FuboTV”) that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including statements regarding our partnerships, market opportunity, business strategy and plans, the expected continued rollout of Fubo Sportsbook and the continued shift in consumer behavior towards sports wagering and streaming services. The words “could,” “will,” “plan,” “intend,” “anticipate,” “approximate,” “expect,” “potential,” “believe” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that FuboTV makes due to a number of important factors, including but not limited to risks related to our pursuit and engagement in acquisitions; our actual operating results may differ significantly from our guidance; risks related to FuboTV’s access to capital and fundraising prospects to fund its ongoing operations and support its planned growth; risks relating to diverting management’s attention from FuboTV’s ongoing business operations to address integration and fundraising efforts; the restrictions imposed by content providers on our distribution and marketing of our products and services; our reliance on third party platforms to operate certain aspects of our business; risks related to our technology, as well as cybersecurity and data privacy-related risks; our ability to achieve or maintain profitability; our revenue and gross profit are subject to seasonality; our operating results may fluctuate; our ability to attract and retain subscribers; we may not be able to license streaming content or other rights on acceptable terms; risks related to our ability to capitalize develop and market a sports wagering offering and the regulatory regime and related risks associated with such offering; risks related to the strategic review of our wagering business, including our ability to identify a strategic partner; risks related to the difficulty in measuring key metrics related to our business; risks related to the highly competitive nature of our industry; risks related to ongoing or future legal proceedings; and other risks, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies, including the impact of COVID-19 on the broader market. Further risks that could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements are discussed in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2022 filed with the Securities and Exchange Commission (“SEC”) on August 8, 2022 and our other periodic filings with the SEC. We encourage you to read such risks in detail. The forward-looking statements in this press release represent FuboTV’s views as of the date of this press release. FuboTV anticipates that subsequent events and developments will cause its views to change. However, while it may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. You should, therefore, not rely on these forward-looking statements as representing FuboTV’s views as of any date subsequent to the date of this press release.
Alison Sternberg, FuboTV
JCIR for FuboTV
Deliah Mathieu, Fubo Gaming
Jennifer L. Press, FuboTV